BPL Group has sold a 10.5-acre land parcel on Old Madras Road in North-East of Bangalore for Rs 70 crore to Bangalore-based real estate developer Brigade Enterprises.
According to a statement from Brigade, it purchased the land parcel through an auction process, which saw three more realty players in the fray. The statement further added that the parcel of land was held by ERL, a division of BPL Group.
This land on Old Madras Road is located in Bangalore's growth corridor close to the peripheral ring road and close to Bangalore International Airport and the IT corridor (Whitefield).
Confirming the development, M R Jaishankar, chairman and managing director, Brigade Group said, "The location of the land promises considerable growth and will help us develop 1.5 million square feet of built-to-suit office space or residential development in the next three to four years."
The auction was conducted by Pegasus Assets Construction Pvt Ltd and Deutsche Bank, the stakeholders.
According to sources in the industry, Pegasus is understood to be an investment arm of promoters of BPL Group. However, no confirmation was available from BPL Group.
Industry estimates indicate that BPL Group is sitting on vast land banks in Bangalore, the total worth of which is expected to be close to Rs 350 crore. These assets on which BPL's factories were located had passed onto Asset Reconstruction Company (India) Ltd (ARCIL) after BPL defaulted on its debts to the tune of Rs 1,400 crore.
Source:Buisness Standard
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The State Government is all set to improve the road network in Bangalore to enable faster movement of motor vehicles, and towards this end it is expected to clear a nearly Rs. 2,800-crore project to construct an elevated expressway linking Bangalore South (Madivala) with Bangalore North (Hebbal) and another elevated road to link Bangalore East (Marathahalli) with the north-south elevated corridor.
Sources in the Government told The Hindu here that a detailed project report had been received from an international consortium (IDEB), which has a Chinese company and three others. Plans are afoot to place it under the Swiss Challenge Method — a scheme for all major projects approved by the State Cabinet sometime ago.
Under this method, other construction companies can participate by offering a proposal which will be vetted by the authorities concerned.
Bruhat Bangalore Mahanagara Palike (BBMP) Commissioner S. Subramanya, who is stated to be in receipt of the project details from the consortium, has told the Government that the project can be completed in 24 months. The two elevated corridors will meet at Vellara Junction (Richmond Road-Hosur Road intersection). While the north-south corridor will be 17-km long, the eastern corridor will be 10-km long. A high-level meeting of senior officials was held here on Thursday to discuss matters pertaining to Bangalore.
Chief Minister B.S. Yeddyurappa and several of his Cabinet colleagues, including those from Bangalore, will participate in a high-level meeting here on Saturday and meet experts to explore the ways and means of bringing about a comprehensive change as far as civic affairs in Bangalore are concerned.
Source:The Hindu, June 27, 2008
Independent House for Independent People
• 1,200 sq. ft., 3 bath, 2 bdrm duplex "Brand New Semi Furnished" - 
MLS® Rs5,000,000 - Rs.50 Lacs+Registration
H.S.R. Layout, Bangalore - Presenting Independent Homes for Those who always prefer Buying Independent Homes in Bangalore rather then compromising for Apartments, where everything is shared, from your roof, floor to your walls.
We have some well planned and well located Independent Homes in prime Location of HSR Layout, these homes are built on BDA plots with G+1 Floors, you have a separate Living, Dinging, Kitchen, Common Bath Room, Covered Car Park, and 2 Large Bedrooms with 2 Attach Bath Rooms.
Adding All these the house comes with complete Wardrobes, Modular Kitchen, TV Cabinets and High Quality Bath Room Fittings and Fixtures.
The Built Up Area is 1200 Sq.ft, and there is provision for extending this house upto 1800 Sq.ft adding 2 More Bedrooms with Attach Baths.
Approved by all Financial Institutions. Immediate Registration and Occupation.
Call +919844425044 or +919341221447 for more details or mail your Queries at bangalorecityhome@gmail.com.
Flooring:
Marble , Granite and Vitrified.
Wardrobes and Kitchen Cabinets.
Pillar Construction with Columns and Beams.
Solid Bricks Used for Construction.
Price Break up:
Cost Rs.50 lacs
Registration about 5-6%
1% Brokerage
Property information
Home you always Dream About!
• 1,720 sq. ft., 3 bath, 3 bdrm apartment "All Luxury Ameneties" - MLS® Rs5,000,000 - Rs.50 lacs,All Inclusive
Sarjapur Ring Road, Bangalore - Presenting Royal Apartments on Sarjapur Road, we have 5 Fully Furnished Ready to Occupy Apartments in a reputed Apartment Complex with already many Families living here.
The Apartments have an area of 1720 sq.ft Each.
With Complete Furnishing like Wardrobes, Modular Kitchen , Wardrobes, TV cabinets, Furniture Etc.
2 Attach 1 Common Bathroom.
Beside these, the Apartment Complex Offers Common Amenities like
Swimming Pool
Health Club
Landscaping
Lift
Power Back up
1 Covered Car Park etc.
All this for Rs.50 Lacs , All Inclusive, the price is slightly negotiable
pleas call me on 9343670806 for more details about this apartment
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3 BHK Spacious Ready @ HSR Layout
• 1,700 sq. ft., 3 bath, 3 bdrm apartment "Deluxe Flats" - MLS® Rs5,800,000 - Rs.58 Lacs, Negotiable
H.S.R. Layout, Bangalore - Rich Homes is a Ready to Occupy Apartment project located on 19th Main Road HSR Layout 2nd Sector, beside NCC Green Ridge, very Close to HSR Club / Families Supermarket, Purva Vantage etc,
It has a Direct 80 Feet Road Approach from Outer Ring Road.
The Apartment has totally 32 Apartments.
With Following Special Features
Otis Lift
Power Back Up
Gym Provision
Multipurpose Halls
Children's Play
Cauvery Water
Complete Vitrified Flooring
All Hardwood Windows and Door Frames / Shutters
Jaquar Fittings in bath Rooms
Granite Sink in Kitchen
And we have very few 3 BHK Corner Apartments with Us,
Unit No.3 = 3 BHK = 1704 Sq.ft = Around 58 Lacs All Inclusive, Nego
Unit No.7 = 3 BHK = 1690 sq.ft = Around 57 Lacs All Inclusive , Nego.
Pleas Find the Floor Plans for Details and Attachments
Pleas Call us on 9844425044 or 9341221447 for Booking and more details,
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Brigade Courtyard in HMT Road
• 1,600 sq. ft., 2 bath, 2 bdrm apartment " 2 BHK Spacious" - MLS® Rs3,390 - Rs.3390/Sq.Feet+Other Exp
Hebbal, Bangalore - Welcome to Brigade Courtyard !!!
At Brigade Courtyard, open spaces like a central courtyard and private terraces become an integral part of modern apartment living. Located in a gracious neighbourhood—at the well planned HMT Township in North Bangalore—Brigade Courtyard will provide you with a new and refreshing experience…day after day.
Brigade Courtyard offers a range of exclusive 2- and 3-bedroom luxury apartments, each with its own private terrace. The 12 apartment wings will surround a large, green central courtyard which opens into a paved pedestrian avenue. With just four levels to each apartment wing, the project further extends the sense of open spaces, complemented by plenty of landscaping.
In addition, you will enjoy the benefits of a multi-level clubhouse, located at the entrance to the project. The clubhouse will include amenities such as a well-equipped gym, swimming pool, indoor games, a multi-purpose hall and party terrace. Brigade Courtyard will also feature extensive landscaping, water features, a children's play area and ground-level top-covered stilt parking.
2 BHK Spacious Apartment Resale in Brigade Courtyard
Area-1600 Sq.ft
Apartment Details:
Covered Terrace = 10x13 Sq.ft
Master Bedroom = 19.5x11Sq.ft
Second Bedroom = 19.5x11 Sq.ft
Living = 19x11 Sq.ft
Dining = 18x11 Sq.ft
Kitchen = 10x11 Sq.ft with Utility
1 Attach and 1 Common Bath Room
Wooden Flooring in Master Bedroom and other room, kitchen , living and dining has vitrified flooring.
High Quality Bath Room Fittings from Brigade Group.
Posession by June 2009.
Price Expected Rs.3390/Sq.ft + Other expenses
Call us on 9343670806 / 9341221447 for more details
Property information
Location worth visiting!
• 3,600 sq. ft. Built Up Area, 5 bath, 6 bdrm bungalow "4BHK+2BHK Unit" - MLS® Rs17,500,000 - Rs.175 Lacs, Negotiable
Banashankari, Bangalore - This is a Brand New Luxurious House Located in Banashankari 3rd Stage, before Outer Ring Road( Means before Ring Road need not cross it), Located Behind Old Janata bazar.
The Locality offers all civic amenities within walk able distance, adding this there are couple of parks and Play Grounds in the vicinity.
Also the Roads are wide and well maintained.
The House is built on Ground-1st and 2nd Floor.
In Ground Floor you have Space for parking 3 Large Cars, along with a 2 BHK House, suitable for another small family, you can rent it out and earn about 8-10000 per month.
On 1st and 2nd Floor you have a Spacious Large 3+Study House with Spacious Living , Dining , Pooja, Common Bath Room, Kitchen and 1 bedroom with attach bath room in Lower level, in the Upper Level you have 2 Large Rooms with 1 Study Rooms.
About Interiors:
Complete House is constructed on Pillar Structure with High Quality Red Bricks used in Construction.
The Flooring is complete Granite.
Teak wood is used for Doors and Windows.
Complete Wardrobes in All Bedrooms.
All Jaquar Bath Room Fittings.
Modular Kitchen.
Home Loans from all Leading Banks.
Note:The Pictures Shown are not Actual but are similar to the house explained.
Price Details:
Rs.125 Lacs (Rs.1.25 Crore), Negotiable.
Registration Charges etc.
1% Brokerage Charges Apply.
Call me on 9343670806 or Ehsan on 9341221447 for Details and Inspection.
Property information
3+Study Home Near Vidyapeetha Circle
• 3,200 sq. ft Built Up Area., 3 bath, 5 bdrm 2 story "G+2 House Duplex+1BHK Servant Quarter" - MLS® Rs12,500,000 - Rs.1.25 Crore Negotiable
Banashankari, Bangalore - Brand New 3+Study Duplex House Built on BDA site in a well developed BDA Layout of Banashankari for sale, located very Near to Vidyapeetha Circle.
The House is a Ground +2 Storey Structure, with Ground Floor having, 4 Car Parks+a servant Quarter with 1BHK.
On 1st and 2nd Floor you have a Spacious 21000 Sq.ft Duplex House having large Living-Dining-Pooja-Kitchen(with Utility)+1 large Bedroom and a Common Bath Room on Lower Level.
And on Upper Level you have 2 Large Master Bedrooms and 1 Study Room, both the bedrooms have attach baths, and there is a corridor too.
Above That you have about 1000 Sq.ft of Terrace with Provision for Washing Machine.
About Interiors:
Complete House is constructed on Pillar Structure with High Quality Red Bricks used in Construction.
The Flooring is complete Granite.
Teak wood is used for Doors and Windows.
Complete Wardrobes in All Bedrooms.
All Jaquar Bath Room Fittings.
Modular Kitchen.
Home Loans from all Leading Banks.
Note:The Pictures Shown are not Actual but are similar to the house explained.
Price Details:
Rs.125 Lacs (Rs.1.25 Crore), Negotiable.
Registration Charges etc.
1% Brokerage Charges Apply.
Call me on 9343670806 or Ehsan on 9341221447 for Details and Inspection.
Property information
With BJP coming to power you can expect a lot of things in Bangalore Infrastructure, the First positive sign was NICE project, the work near Gottigere lake will begin soon completing the Corridor which was halted by earlier Government for Personal reasons, read on this article explaining Political Development in Karnataka.
"A new era heralded in the state politics after BJP leader B S Yeddyurappa took oath as the 25th chief minister of Karnataka in the presence of lacs of BJP supporters and national leaders, in front of the Vidhana Soudha here on Friday May 30 afternoon. While this is the second time that Yedyurappa has assumed power as the chief minister, it is for the first time that BJP has come into power in South India, on its own."
For Complete Article and Pictures Click Here
Posh 6 Bedroom Villa/Bungalow
• 6,000 sq. ft., 7 bath, 6 bdrm bungalow "Large 6 Bedrooms" - MLS® Rs17,500,000 - Rs.1.75 Crore
Bannerghatta Road, Bangalore - A Royal Bungalow for Sale for Chosen One!
This is a Masterpiece in South Bangalore- not only Exterior is Great but the Interiors are Amazing too.
This has all Modern Security Gadgets Installed like Video Camera at entrance, EPBX system connected to all rooms, sensors, Burglar Alarm and lot more,
with Built area of 6000Sq.ft this house has 6 large Bedrooms and a Home Theatre all with attach Bath rooms.
Each rooms and Bath room is unique with Modern Colors used inside.
4 rooms have good Designer Wardrobes inside.
Home Theater with Wooden Flooring.
Their are 2 large Car Parks.
To Add more There is Jacuzzi and Steam Bath in The Master Bedroom, walk in wardrobes, 2 Gardens Complete Solar water Heating System. All Doors Have Burglar Alarms. and all the Fixtures and Fittings are of Different A Class Brands. Servant Room with Toilet.
It is Located in a Secured Gated Community located right on Main Road, Just 4kms From IIMB and 7 kms from Shoppers Stop.
It is located in a very Secured Gated Community with Club House, Swimming Pool, Joggers track Children's Play Area, Park etc.
Price Details:
Rs.1.75 Crore (17.5 Million INR) + Registration 6% + Brokerage 1%
Call us for more details on 9343670806 or 9844425044
Inspection with Prior Appointment Only
Property information
5 Acres Prime Commercial Land
• 220,000 sq. ft. lot / land - MLS® - Rs.2500-3000/Sq.ft
Devanahalli, Bangalore - Available 5 Acres of Prime Land in Commercial Zone, out of this 3 Acres is Converted.
Located after ITC Factory before Trumpet Interchange, this is suitable for Malls, Apartments, Hotel etc.
Pleas call me on 9343670806 for more details.
we also have many other such properties near Bengaluru International Airport.
Property Map and Information
Prime Land Near International Airport
• 88,000 sq. ft. lot / land "2 Acres" - MLS® - Rs.2500-3000 Per Sq.ft
Devanahalli, Bangalore - Available 2 Acres of Clear Titled Converted Land in Commercial Zone between ITC Factory and Trumpet Flyover Exchange on the way to Bengaluru International Airport.
Priced in Between Rs.2500 to 3000 per sq.ft
Total Price 22 Crores to 26 Crores
Call me on 9343670806 for more details,
We also have many other Similar options Available with us in North and South Bangalore.
Property Map and information
Commercial 50x80 Site on Ring Road
• 4,000 sq. ft. lot / land "Prime Location" - MLS® - Call for Price Details
H.S.R. Layout, Bangalore - Commercial 50x80 Site on Outer Ring Road of HSR Layout for Sale,
Very Prime and Hot Property, suits Software Office, Restaurant, Hospital etc.
Call me on 9343670806 for more details about this.
we also have many other option in HSR Layout call us for more details
Property information
to know more about HSR Layout visit www.hsrlayout.biz
Prime Commercial Land on Ring Road
• 5,400 sq. ft. lot / land "60x90" - MLS® - Call For Price Details
JP Nagar Main Area, JP Nagar - Available 60x90 Prime Commercial Land on Outer Ring Road of JP Nagar, in between Bannerghatta Road and Kanakapura Main Road.
Suitable for Shopping Center, Retail Marts, Software/ Commercial Building, as already there are many successful Facilities exist on this Road.
Pleas Call me on 9343670806 for more details and Price Info.
we also have many other similar options with us all over Bangalore
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2+Study Independent Row Home Sale!
• 1,200 sq. ft., 3 bath, 3 bdrm duplex - MLS® Rs4,200,000 - 42 Lacs to 46 Lacs
B.T.M. Layout, Bangalore - BangaloreCityhome Realty Presents Independent Brand New Houses for sale on BDA plots near Wockhardt Hospital /Apollo Hospitals, off Bannerghatta Road for those who always wanted to Buy Independent Homes in Bangalore and don't like Apartments/Flats.
############# PLEAS READ THE FOLLWOING COMPLETELY ##############
Ready for occupation ,with complete wood work Spacious Bedrooms.
Cauvery water ,Single car parking high quality wood work .
100% Tar Road developed locality with park.
Price ranges from 42 Lacs to 46 lacs + Registration + Brokerage
Built Up Area Ranges from 1200 Sq.ft to 1500 Sq.ft.
2 and 2+Study and 3 Bedrooms Houses.
Approved by all Financial Institutions. Immediate Registration and Occupation.
Call +919844425044 or +919341221447 for more details or mail your Queries at bangalorecityhome@gmail.com.
Flooring:
Marble , Granite and Vitrified.
Wardrobes and Kitchen Cabinets.
Pillar Construction with Columns and Beams.
Solid Bricks Used for Construction.
Pooja Room in some houses.
Inspection / Site Visit:
############# Pleas call before visiting to fix up the time ################
Other Expenses:
Registration about 5-6%
1% Brokerage
Property Details and Pictures
